LJNDawson.com, Consulting to the Book Publishing Industry
Book Publishing Industry Consultant

Giving E-books a bad name

MSNBC's Red Tape Chronicles has a piece today on credit card theft and e-book companies. Apparently, there was strange coincidence of credit card numbers being used legitimately to buy Equifax jproducts, and then used illegitimately at a couple of disreputable companies who run e-book fronts...and false charges appeared on hundreds of credit-card statements. Small amounts - $4.95 on average - but nevertheless:

It's not clear when the e-book scam began. A few consumers say they saw fake e-book charges beginning in February, but it appears there was a flurry of activity in September.

Credit card thieves often create fake businesses to process bogus transactions -- that's much easier than using stolen cards to make purchases at legitimate retailers, and one of the quickest ways to turn stolen numbers into cash.

Meaning don't buy your ebooks from weird little stores you never heard of.
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